The outlook for projects in the Decentralized Finance (DeFi) sector has begun to improve in recent months as the combination of global events has highlighted the benefits of holding funds outside the traditional financial system.
One project that has advanced over the past few months is Kyber Network (KNC), a multi-chain cryptocurrency trading and liquidity hub that offers users the best trading rates.
Data from Cointelegraph Markets Pro and TradingView show that after hitting a low of $ 2.83 on April 6, the price of KNC jumped 55.4% to reach an all-time high of 8 4.04 on April 8, with a 253% increase in 24-hour trading volume.